The acquisition of the territory in which the refinery is located, an area of 375 hectares, was carried out on the basis of the sale contract concluded on January 11, 1905.
In 1906, the processing capacity of the refinery amounted to 80,000 tons/year of oil and in 1907 it increased to 447.000 tons/year.
The destruction after World War I led to a significant reduction in capacity which amounted in 1920 only 57.000 tons/year of oil, but the actions of reconstruction and development of the refinery led to an increase in 1921 of the volume processed up to 1,100,000 tons/year.
In 1971, the refinery was processing 2,064,915 tons/year of oil, and in 1978 after putting into operation the fuels production plants, the capacity increased to 5,430,000 tons/year. Further, the volume of processing was adapted to market requirements, thus reducing the processing volume, so in 1990 the processing capacity was of 3,894,288 tons/year, decreasing on (in 2000 the refinery was processing 2,279,792 tons year of oil).
In 1998 "PETROTEL" was included in the list of privatized enterprises, approved by the Government of Romania, and becomes the property of "LUKOIL" Oil Company", changing its name on June 12, 1998 into JSC "PETROTEL-LUKOIL".